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£221,200

1 bed flat for sale
Carraway Street, Reading RG1

    • 1 bed

    • 1 bath

    • 1 reception

  • Shared ownership
  • Leasehold

L&Q - Pre Owned Shared Ownership Homes

Logo of L&Q - Pre Owned Shared Ownership Homes

About this property

  • Great location with amenities and transport close by

  • Modern development

  • Integrated sprinkler system

  • Neutral decor and carpets

  • Karndean flooring to open plan living areas and hallway

Shared ownership

Full Market Value: £316,000

Share Value (70%): £221,200

Monthly Rent: £254.58

Service Charge: £247.69

Council Tax Band: C

EWS1 Certification available for this block - A1 rating

990 year lease commenced in January 2021 - 985 years remaining

Enter this well presented apartment via a spacious hallway with large storage cupboard housing plumbing for your washing machine. The dual aspect open plan living area features a modern grey kitchen with fully integrated appliances and opens onto a private balcony. A good sized double bedroom and contemporary family bathroom complete the accommodation.

With a café, restaurant, local store, and gym, as well as beautifully landscaped gardens to complement the riverside setting, Huntley Wharf will become an extension of the town centre. Follow the River Kennet to the town centre to find a host of shops, restaurants, bars and nightlife, all less than a mile away.

Reading's location in the Thames Valley, with its proximity to London, means the town plays a key role in the UK's transport system and attracts many commuters. Benefit from National Rail services into London Paddington in 25 minutes* and local services on the Elizabeth Line from Reading Central train station, and to other UK cities such as Bristol, Cardiff, Exeter, Birmingham and Southampton Central. The M4 connects Reading to Heathrow Airport and the rest of London, whilst other nearby towns and cities such as Oxford, Slough, Newbury and Guildford are easily accessible by road or rail.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £60,936. If you are offered the home, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of April 2025.

More information

  • Tenure

    Leasehold (986 years)

  • Service charge

    £248 per month

  • Council tax band

    C

  • Ground rent

  • Ground rent date of next review

See all recent sales in RG1

Property descriptions and related information displayed on this page are marketing materials provided by - L&Q - Pre Owned Shared Ownership Homes. Zoopla does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact L&Q - Pre Owned Shared Ownership Homes for full details and further information.